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Hong Kong KBLI 38120
COLLECTION OF HAZARDOUS WASTE
This group includes the collection of hazardous solid and non-solid waste, for example explosives, oxidizers, flammable, toxic, irritant, carcinogenic, corrosive, infectious and other substances and preparations that are hazardous to human health and the environment. This activity also requires the identification, handling, packaging and labeling of waste. This group includes the collection of hazardous waste, such as used oil from ships or workshops, bio-hazardous waste and used batteries.
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Contact our consultantsKey requirements to set up a collection of hazardous waste in Indonesia
The following requirements are based on the Indonesian business classification code 38120
- Maximum foreign ownership
- 100%
- Minimum capital
- Rp. 2.5 billion
- Local SME partnership required
- No
What is a KBLI 38120?
A KBLI is an Indonesian business classification, last revised in 2020. The KBLI determines the regulations for a specific business activity.
38
Division
1
Group
2
Class
0
Indonesian class
38120 stands for collection of hazardous waste
| KBLI | 38120 |
|---|---|
| Section | Waste collection |
| Division | Waste collection, treatment and disposal activities; materials recovery |
| Group | Water supply; sewerage, waste management and remediation activities |
| Indonesian class | Collection of hazardous waste |
Activities similar to Collection of hazardous waste
- Remediation activities and other waste management services
- Daur ulang barang bukan logam
- Recycling metal goods
- Pengelolaan dan pembuangan sampah tidak berbahaya
- Organic waste compost production
- Hazardous waste management and disposal
- Pengelolaan dan pembuangan air limbah berbahaya
- Collection of non-hazardous waste
- Collection of hazardous waste
- Pengumpulan air limbah tidak berbahaya
- Pengumpulan air limbah berbahaya
- Hazardous waste water management and disposal
What are the requirements to set up a collection of hazardous waste in Indonesia?
Shareholders
- At least two shareholders
- Maximum of 100% of the shares can be held by foreign shareholders.
Capital
- Minimum paid up capital is Rp 2.500.000.000,00
- Paid-up capital will not be injected in the company during the registration process. Instead, the shareholders issue a statement letter that at least the amount of minimum paid-up capital will be injected to the company once the registration is completed.
Corporate structure
- At least one director. At least one of the directors must be an Indonesian resident. The directors are in charge of the daily operations of the company.
- At least one commissioner. Commissioners are overseeing the work of directors on behalf of the shareholders.
- The same person cannot be both a director and a commissioner.
- There is no requirement for the director or commissioner to hold shares in the company.
- Registered address in a building with the correct building permit.
Example of typical shareholder table
| Name | Country of origin | Role | Shares | Capital contribution |
|---|---|---|---|---|
| Smith Industries Ltd. | Australia | 7500 | Rp1875000000 | |
| John Smith | Australia | Commissioner | 2500 | Rp625000000 |
| Budianto | Indonesia | Director | 0 | Rp 0,00 |
| 10000 | Rp 2.500.000.000,00 | |||
The process of registering collection of hazardous waste company in Indonesia
The exact process of registering a collection of hazardous waste company depends on the location of your company's registered address.
The fastest way to register a company in Indonesia is in South Jakarta (Jakarta Selatan), using Emerhub's registered address. This cuts down the registration time to five working days.
In Bali, the typical registration time is 3-4 weeks. Elsewhere in Indonesia the registration times vary between 2-6 weeks.